Paradise Retailers, Inc. just paid a dividend of $2.25. Analysts expect the company's dividend to grow by 40% this year, by 25% in Year 2, and at a constant rate of 6% in Year 3 and thereafter. The required return on PRI's stock is 14.00%. What is the best estimate of the stock's current intrinsic value? Note: Enter your answer rounded off to the nearest cent. Do not enter $ or comma in the answer box. For example, if your answer is $12,300.456 then enter as 12300.46 in the answer box.